true,
key thing is there wasn't enough large share movement to encourage the day trader today, yesterday there was but they are wairy of getting stung with so many longs here.
I find it interesting on L2 that total shares on the bid are around 750M +- a couple and the ask is around 450M +- a couple.
then end of day all those are taken off the last two days as before most orders stayed up on the board. so now there is only showing on L2 maybe 150M on both sides.
to me the very large shares on the bid just low enough not to fill are MM's or someone trying to keep the gap under control it would be fun to watch this gap in the morning say .0012 on th ebid and .0015 on the ask and see what breaks.
Must have two more days of 50+M shares traded, I would feel better if it was 70M+
Good Luck all
read you all Monday.
Go SGCP